Charming Home In Heart of Memphis TN

2 Beds / 1 Baths • 793 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1949
  • 793
  • 8973
  • No Garage

Description

Grab this fantastic investment opportunity in the sizzling Memphis market! This 2/1 home sits on a sprawling lot.

With solid bones and plenty of room to add your personal touch, this home is perfect for investors. Enjoy the quiet, suburban feel while still being close to all the conveniences.


🏡🔎 The property is in a phenomenal location and has great potential! 🏡🔎

Questions? 📞 Call Amy @ 919-341-1610

📍 Address: Wynton St, Memphis, TN 38106

2 Bedrooms

1 Bathroom

793 SQFT

1949 Year Built


🏡🔎IMPORTANT INFO🏡🔎

  • LARGE LOT
  • 3.5 miles to Downtown Memphis TN
  • Occupancy: Tenant Occupied (paying well below market rent!)
  • Section 8 rental income is $1170 Per Month! - Rental Rate Effective 1/1/2025


💵 Wholesale Starting Price: $49,995 (ARV $120,000) 

✅´PICS: MORE PICTURES COMING SOON!


📊 Comps:

1717 S Lauderdale St, Memphis, TN 38106 SOLD 125k 2x1 840SQFT

1957 Belmar St, Memphis, TN 38106 SOLD 115k 2x1 792SQFT

1973 Wynton St, Memphis, TN 38106 SOLD 115k 2x1 816SQFT

1854 Shadowlawn Blvd, Memphis, TN 38106 SOLD 115k 2x1 912SQFT

402 Jacklyn Ave, Memphis, TN 38106 SOLD 114k NOT RENOVATED - 2x1 901SQFT


Disclosure:

 

The property is under a legally binding purchasing contract with the Seller giving this company exclusive rights to purchase the property. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

 

The property is sold As-Is, Where-Is. The seller does not know any seller's disclosures on the property. Buyer should perform their due diligence and make their assessments. Buyer assumes all risk. Buyer responsible for ALL closing costs!


We are selling the assignable purchase contract for this property. If your offer is accepted, we require a minimum of a $2500 non-refundable deposit to be held with our closing attorney. Closing will be as fast as possible for all parties involved but no longer than 21 calendar days.



Estimated Spread

  • ARV $115,000
  • Price $49,995
  • Spread $65,005

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